Hundreds of New York City firefighters were climbing the stairs in the World Trade Center when it collapsed, taking the lives of 2,700 people in September 2001. Many parts of the story are well known.
Since its discovery in 1976 following an outbreak at a Philadelphia hotel hosting a namesake conference for the American Legion, Legionnaires disease has garnered national attention from the general public and stakeholders, including building owners, facility operators, medical professionals, risk managers, insurers, and attorneys.
If you are a lucky risk manager, you may never have to manage a property damage or business interruption claim. But we buy insurance for protection from that unknown loss.
Insurers are improving their disclosures of their climate-related risk management efforts, but continue to lag other major industries in reporting climate metrics and targets, according to a new report.
Last year saw some of the deadliest and costliest wildfires in California history. With the long-term impacts of the Camp and Woolsley fires still being felt months later, many in California are already thinking ahead and considering how best to prepare for future wildfire seasons.
WIth back injuries affecting 1 million workers a year and accounting for 20% of all workplace injuries, according to the Bureau of Labor Statistics, AIG was looking for a solution.
With hurricane season in the US about to take off, insurance experts would do well to look back on events from the past year and consider the implications of hurricanes that submerge communities versus ones that blow them away.
A federal appeals court on Wednesday upheld a lower court decision and ruled against Starr Indemnity & Liability Co. in coverage litigation with a marine pollution insurer in a case involving two grounded oil barges.
Breezy Point is beautiful in the summertime, a quaint neighborhood sitting on a slim peninsula that juts out into the Atlantic just south of New York City. In a storm, though, that dreamy setting can become a nightmare.
If insurers want to mitigate risk, rather than risk their time and money with litigation, if they want to guard against fraudulent claims, if they want to protect good doctors against wrongful claims, then they should invest in sound legal counsel.
Amped-up settlements and jury awards are creating upward pressure on the global liability market, while new technology offers an opportunity for insurers to be more proactive.
This July marks the start of a fully reinvented conference that focuses on cyber, management, and professional liability claims issuessomething Andrew Fastow, a former Enron executive who served six years in prison after pleading guilty in 2004 to two counts of conspiracy to commit securities and wire fraud, knows something about.
U.S. religious centers are buying special insurance to protect them from the financial consequences of an armed intruder opening fire in their buildings.
High winds contributed in part to most catastrophes in Canada over the past few decades, prompting the need for a new national standard on wind resilience, the Institute for Catastrophic Loss Reduction (ICLR) said Thursday.